Market

Monsoon May Ease ‘Super El Nino’ Potential Impact On Palm Oil Output

By Danni Haizal Danial Donald

KUALA LUMPUR, Aug 25 (Bernama) – The upcoming monsoon season in December is expected to help mitigate the potential impact of a Super El Niño weather phenomenon on Malaysia’s palm oil production, said Malaysian Palm Oil Council (MPOC) chief executive officer Belvinder Sron.

CPO Futures End Lower On Profit-taking, Weaker Crude Oil

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives ended lower on Monday, weighed down by profit-taking and weaker crude oil prices.

Gold Futures End Higher Tracking US COMEX

KUALA LUMPUR, Aug 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives ended higher today tracking the strong performance of gold futures on the US Commodity Exchange (COMEX).

Ringgit Ends Lower Against Greenback Amid 'Economic D-Day' Uncertainty

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, Aug 24 (Bernama) -- The ringgit ended lower against the greenback on Monday as the threat of an “economic D-Day” on Iran, policy risks ahead of the Jackson Hole symposium and continued instability in the US Treasury market spurred caution.

KLCI Futures End Mostly Higher

KUALA LUMPUR, Aug 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives closed mostly higher on Monday.

Bursa Malaysia Ends Flat As Market Awaits Earnings For Direction

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as investors awaited further corporate earnings results for clearer market direction, an analyst said.

Rubber Market Ends Higher On Regional Futures Strength

By Muhammad Fawwaz Thaqif Nor Afandi

KUALA LUMPUR, Aug 24 (Bernama) -- The rubber market ended higher on Monday, supported by an uptrend in regional rubber futures markets, said a dealer.

Bursa Malaysia Stays Flat At Midday As Investors Assess Earnings And Corporate Outlook

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia remained flat at midday as investors stayed cautious amid the ongoing earnings season, closely monitoring earnings delivery, asset quality trends and the corporate outlook.

Bursa Malaysia Turns Lower At Mid-Morning

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia’s key index turned red at mid-morning, weighed down by healthcare and utilities sectors.

Bursa Malaysia Opens Higher On Resilient Domestic Demand

KUALA LUMPUR, Aug 24 (Bernama) -- Bursa Malaysia opened higher on Monday, supported by resilient domestic demand, although trading is expected to remain cautious as the ongoing earnings season keeps investors selective, an analyst said.

Ringgit Opens Higher Against US Dollar, Other Major Currencies

KUALA LUMPUR, Aug 24 (Bernama) -- The ringgit opened higher against the US dollar and a basket of major currencies on Monday, supported by Malaysia’s strong economic data, an analyst said.

Bursa Malaysia Likely To Trade With An Upside Bias Next Week

By Engku Shariful Azni Engku Ab Latif

KUALA LUMPUR, Aug 22 (Bernama) -- Bursa Malaysia is expected to trade with an upside bias next week, with the benchmark index seen within the 1,725-1,750 range next week, an analyst said.